JSW Group Chairman Sajjan Jindal says battery cells will become 'new oil' as India shifts to EVs
- JSW Group chairman Sajjan Jindal said battery cells will become the "new oil" as India shifts to electric vehicles.
- Jindal spoke as JSW Greentech launched its EV brand Ampstar, showcasing an electric tractor-trailer and bus.
- He said developing indigenous cell technology could take one to two years, with China holding a major tech lead.
- JSW Greentech initially import cells from China, assembling battery packs at its Maharashtra facility.
Source: autocarindia.com
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